SpaceX ties Musk compensation to Mars colonization goal
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SpaceX (SPAX.PVT) approved a compensation package for CEO Elon Musk. Laffer Tengler Investments CEO and CIO Nancy Tengler sits down with Yahoo Finance's Brooke DiPalma and Pras Subramanian to discuss the details.
When Elon Musk founded SpaceX (which is currently one of the most valuable private companies in the world), he did so with the dream of setting up colonies on Mars. A lofty goal, mostly because we've really only sent rovers to take pictures of mars.
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Add Yahoo as a preferred source to see more of our stories on Google. Remember in Despicable Me, when Gru wanted to steal the moon? Well, that’s pretty much where we’re at now with Elon Musk. After years of proclaiming his intentions to help humanity ...
Image Credit: jurvetson - CC BY 2.0, Wikimedia. SpaceX founder Elon Musk just said the company is stepping back from its previously touted plan to send humans to Mars in the near term in favor of building a permanent settlement on the Moon. This ...